MaGnetik: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MaGnetik
Largest movements
- Cash -€39,229
down €39,229 (-27.1%), from €144,544 to €105,315
mainly Other debts (-€51,629) and Tax, wage and social debts (-€12,266)
- Tangible fixed assets -€12,158
down €12,158 (-31.8%), from €38,226 to €26,067
- Deferred charges and accrued income +€4,993
up €4,993 (+853%), from €585 to €5,578
- Other debts -€51,629
down €51,629 (-76.1%), from €67,847 to €16,219
- Accrued charges and deferred income +€26,679
up €26,679 (+37,731%), from €71 to €26,750
- Tax, wage and social debts -€12,266
down €12,266 (-88.3%), from €13,895 to €1,630
- Profit (loss) carried forward -€9,095
down €9,095 (-80.1%), from €11,361 to €2,266
- Debts after one year -€3,893
down €3,893 (-66.0%), from €5,896 to €2,003
- Gross operating margin -€26,729
down €26,729 (-79.7%), from €33,553 to €6,824
- Taxes -€6,115
down €6,115 (-82.3%), from €7,426 to €1,311
- Other operating charges -€726
down €726 (-54.6%), from €1,329 to €603
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,329 | €179,888 | -€46,441 | -20.5% |
| Fixed assets | 21/28 | €38,226 | €26,067 | -€12,158 | -31.8% |
| Tangible fixed assets | 22/27 | €38,226 | €26,067 | -€12,158 | -31.8% |
| Furniture and vehicles | 24 | €38,226 | €26,067 | -€12,158 | -31.8% |
| Current assets | 29/58 | €188,103 | €153,821 | -€34,282 | -18.2% |
| Amounts receivable within one year | 40/41 | €42,974 | €42,928 | -€46 | -0.1% |
| Trade receivables | 40 | €23,804 | €23,664 | -€140 | -0.6% |
| Other amounts receivable | 41 | €19,170 | €19,263 | +€93 | +0.5% |
| Cash at bank and in hand | 54/58 | €144,544 | €105,315 | -€39,229 | -27.1% |
| Deferred charges and accrued income | 490/1 | €585 | €5,578 | +€4,993 | +853% |
| Total equity and liabilities | 10/49 | €226,329 | €179,888 | -€46,441 | -20.5% |
| Equity | 10/15 | €134,874 | €125,779 | -€9,095 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €104,913 | €104,913 | = | 0.0% |
| Distributable reserves | 133 | €104,913 | €104,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,361 | €2,266 | -€9,095 | -80.1% |
| Amounts payable | 17/49 | €91,456 | €54,110 | -€37,346 | -40.8% |
| Amounts payable after more than one year | 17 | €5,896 | €2,003 | -€3,893 | -66.0% |
| Financial debts | 170/4 | €5,896 | €2,003 | -€3,893 | -66.0% |
| Amounts payable within one year | 42/48 | €85,489 | €25,357 | -€60,132 | -70.3% |
| Current portion of amounts payable after more than one year | 42 | €3,747 | €3,893 | +€146 | +3.9% |
| Trade debts | 44 | - | €3,616 | +€3,616 | |
| Suppliers | 440/4 | - | €3,616 | +€3,616 | |
| Taxes, remuneration and social security | 45 | €13,895 | €1,630 | -€12,266 | -88.3% |
| Taxes | 450/3 | €13,895 | €1,630 | -€12,266 | -88.3% |
| Other amounts payable | 47/48 | €67,847 | €16,219 | -€51,629 | -76.1% |
| Accrued charges and deferred income | 492/3 | €71 | €26,750 | +€26,679 | +37,731% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,105 | €13,438 | +€334 | +2.5% |
| Other operating charges | 640/8 | €1,329 | €603 | -€726 | -54.6% |
| Gross operating margin | 9900 | €33,553 | €6,824 | -€26,729 | -79.7% |
| Operating profit (loss) | 9901 | €19,119 | -€7,218 | -€26,337 | |
| Financial income | 75/76B | €76 | €57 | -€19 | -24.6% |
| Recurring financial income | 75 | €76 | €57 | -€19 | -24.6% |
| Financial charges | 65/66B | €652 | €623 | -€29 | -4.4% |
| Recurring financial charges | 65 | €652 | €623 | -€29 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €18,542 | -€7,784 | -€26,326 | |
| Income taxes | 67/77 | €7,426 | €1,311 | -€6,115 | -82.3% |
| Profit (loss) for the period | 9904 | €11,117 | -€9,095 | -€20,212 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,117 | -€9,095 | -€20,212 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.